Metro Financial News

₹6,600-6,800 over the corresponding 2019 figures. For the month, the most growth in room occupancy was seen in metro cities of New Delhi, Mumbai, Kolkata, Chennai and Kochi, of up to 5%.

Shoppers have named Costco Wholesale Corp. the most respected grocery retailer in Canada, according to a new survey.

₹2,30,951 crore in fiscal 2023, up from ₹1,74,993 crore in FY22. EBITDA reported a 44.7% jump led by broad-based growth across consumption baskets, RIL said in its annual report. Digital commerce and new commerce businesses contributed to 18% of revenue in FY 2022-23—in the previous fiscal, digital commerce contributed to nearly 17% of revenues.

Narendra Modi on Sunday asserted that his government has changed the perception that the tax paid by citizens is squandered in corruption and said the 16 per cent increase in the number of people filing income tax returns this year shows the growth of trust in the dispensation. Addressing an event at which he laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing, Modi said that people used to think for a long time that the taxes that they pay amount to nothing and their hard-earned money is squandered in corruption. «But our government has changed that thinking, people today feel that their money is being used for nation-building,» Modi said.

Roseate Hotels & Resorts, owned by Bird Group, plans to add two hotels annually through management agreements while pursuing the development of luxury boutique properties in India and abroad, Kush Kapoor, CEO of the company, told ET. The company intends to include coworking centers at hotels in metro cities, while its properties in holiday destinations will be developed as resorts. «We are receiving organic queries from owners willing to offer their properties, and simultaneously, some owners with beautiful locations are interested in entrusting their properties to us. We are now exploring management options alongside our existing hotels,» Kapoor said. The company has recently acquired 2.6 acres of land near the upcoming Noida airport for the development of a 250-room project that will include a spacious convention center. «If everything goes well, and we get all our approvals in time, we should be able to start construction soon on the Noida hotel. We are also looking at expanding the Rishikesh resort as well,» Kapoor said.

Also read: UN HQ event creates Guinness World Record for people of most nationalities in yoga session A montage video shared by Guinness World Records on Instagram showcased Kimberly Winter's burping prowess on several occasions, celebrating her achievement as "Loudest burp (female) 107.3 dB (C-weighted) by Kimberly Winter."A post shared by Guinness World Records (@guinnessworldrecords) According to the official GWR site, Kimberly Winter's thunderous burp measured an impressive 107.3 decibels (dB), surpassing the previous record of 107 decibels set by Italy's Elsa Cagoni in 2009. To put it into perspective, her burp was even louder than the sound of a blender (70-80 dB), an electric handheld drill (90-95 dB), and some motorcycles at full throttle (100-110 dB).

Although it is our third year in the post-pandemic era, a lot of us are still dealing with the challenges of working from home. Initially, work-from-home was viewed as a blessing in disguise by everyone, especially by those who struggled for hours to commute to work. Having said that, the same people are currently finding it extremely tough to stay productive without in-person team meetings, regulated lunch breaks, and fun interactions with co-workers.

India Meteorological Department (IMD) has forecasted heavy to extremely heavy rainfall across multiple regions in the country until August 7. According to the IMD, intense precipitation is anticipated in East Uttar Pradesh, Uttarakhand, Arunachal Pradesh, Assam & Meghalaya, as well as Nagaland and Manipur.

Delhi and the National Capital Region (NCR) including Noida has been witnessing heavy rainfall due to which waterlogging was witnessed on roads near Badarpur metro station in Delhi. In Maharashtra, moderate rain has been predicted in most places in North Konkan, while South Konkan-Goa will likely experience light to moderate rain today. Additionally, many places in North Madhya Maharashtra, a few places in South Madhya Maharashtra, and isolated areas in Marathwada are expected to receive light to moderate rain.

Delhi rains: The national capital woke up to episodes of heavy downpour lashing several parts of the city. Due to continuous rainfall, many parts of Delhi witnessed severe waterlogging on roads near Badarpur metro station in Delhi.

Nirmala Sitharaman announced an excise duty cut on petrol and diesel. The prices have remained stagnant despite a decline in international crude price over the past one year. The decision of state-run OMCs not to cut oil prices, however, has drawn criticism for the government from the opposition as inflation has been on the rise.

DMRC) has announced that commuters can now pay for tokens at ticket vending machines and customer support centres using the Unified Payments Interface (UPI). Passengers can now use mobile applications that enable UPI on their smartphones to pay for smart card recharges and metro QR ticket purchases at its stations throughout the Delhi-NCR network. According to the DMRC press release, “DMRC was the first Metro system in the country to initially start this UPI facility on select TVMs on Noida and Ghaziabad section in 2018 which is now being extended further on the network. With the current exercise, TVMs at over 125 stations have already been upgraded across the Metro network offering a faster, more convenient, and secure mode of payment to streamline ticketing services and contribute to the overall modernization of public transportation in Delhi/NCR while the remaining TVMs with UPI facility will be extended within a week’s time.”

Delhi Metro on Thursday extended the Unified Payments Interface (UPI) option for payments at ticket vending machines and counters across its network. The initiative aims at streamlining ticketing services and providing a digital and seamless mode of travel, the Delhi Metro Rail Corporation (DMRC) said in a statement.

ChatGPT. In retail, Amazon has reorganized its fulfillment network and opened warehouses for same-day shipping closer to big metro areas, saving time and costs on delivery. Brian Olsavsky, Amazon's chief financial officer, said on a call with reporters that faster speeds have meant Prime loyalty customers are "shopping more often." For the second quarter, Amazon's revenue grew 11% to $134.4 billion, beating estimates of $131.5 billion from analysts polled by Refinitiv.

Delhi Metro Rail Corporation (DMRC) Thursday extended the Unified Payments Interface (UPI) option for payments at ticket vending machines (TVMs) and ticket/customer care counters across its network to streamline the ticketing services and providing a digital and seamless mode of travel. The initiative is focused on contributing to the vision of Digital India, the DMRC said in a tweet.

New Delhi: The government is committed to driving the adoption of electric vehicles and will continue with the FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) subsidy to bridge the price difference in EVs, said Tarun Kapoor, adviser, Prime Minister’s Office, said on Thursday. Speaking at the national conference on electric mobility organized by Assocham, Kapoor emphasized the importance of finding ways to bring down the price of EVs, as government subsidies cannot be permanent.

South India’s first inter-state Metro project between Karnataka and Tamil Nadu have moved up in pace. The Chennai Metro Rail Limited (CMRL) on August 1 floated a tender for the preparation of a feasibility study for the first inter-state metro project in the Southern India. 

NCR-based real estate company Adore has ventured into luxury real estate. The group has purchased 5.5 acres of land in Sector 76 in Faridabad from the Haryana government for Rs 124 crore. It will develop a luxury housing project with an aggregate saleable value of Rs 600 crore.

Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members

Railway engineering and consulting company Rites Ltd is close to signing international contracts to supply locomotives and wagons, even as it explores consulting services abroad, chairman and managing director Rahul Mithal said. The state-run company has emerged as the lowest-cost bidder for contracts worth Rs1,000 crore to supply locomotives and wagons to Zimbabwe and Mozambique, Mithal said in an interview.

₹52,000 crore annually and is expected to benefit around 1.3 crore families. However, former Chief Minister B S Yediyurappa said the budget lacks a comprehensive development vision of the state and would burden people with taxes. he had said, as PTI quoted "Chief Minister Siddaramaiah has said he will borrow ₹86,000 crore.